Last Chance for Ether, XRP, SOL, ADA, SHIB, BNB, DOGE? Analysts Predict the Final Altcoin Upside This Cycle
Real Vision’s Chief Crypto Analyst Jamie Coutts has predicted a final rally for altcoins in the cycle. This follows the latest dip, which erased previous gains and plunged bullish momentum. Coutts points to network activity and value for the last rally, stressing a recovery in the coming months—several metrics also back an altcoin rebound despite recent headwinds.
Quality Altcoins Will Lead The Pack
In a recent livestream with Real Vision’s co-founder, Coutts highlighted the chances of an altcoin rebound this year. He said there will be one more altcoin jump with high-utility assets spearheading the recovery. This will see coins with growing network activity lead the pace as adoption grows.
These assets also have higher trading volumes due to decentralized finance gaining momentum. While there are a plethora of altcoins, Ethereum’s total value locked (TVL) dominates 55% of altcoins, while Solana, BNB, and Tron make up 6.89%, 5.69%, and 5.2%, respectively.
“I think there will be one more breadth thrust from altcoins. The question is, is it a sustained rally that we will see for six to twelve months… At this stage, I am not too sure, but I do believe that quality altcoins where activity returns, and activity drives prices …we will see a recovery in some of these more high-quality names. I’m expecting by June to see altcoins really start to pick up again.”
He explained that altcoins will benefit from a similar rally in Bitcoin in mid-2025. This year, the crypto market has struggled due to tightening macro factors. As a result, Bitcoin’s price is down over 22% from its $111k all-time high. A turnaround in the market could see several altcoins notch 50% gains. However, most traders stress caution amid volatility and uncertain markets.
Altcoin Season Determined By Volume
The year’s first quarter saw heightened optimism for an altcoin season, a phase marked by lower BTC dominance. While expectations grew, altcoins slipped alongside Bitcoin lowering sentiments. Like Coutts, several analysts have stressed that trading volumes will determine the next altcoin season as opposed to higher prices.
CryptoQuant CEO Ki Young Ju stated that the altcoin season began with select assets due to the fresh liquidity in those coins. Ultimately, specific digital assets with institutional demand and volumes will accumulate major gains, while sideways trading might continue for the rest.
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Last Chance for Ether, XRP, SOL, ADA, SHIB, BNB, DOGE? Analysts Predict the Final Altcoin Upside This Cycle
Real Vision’s Chief Crypto Analyst Jamie Coutts has predicted a final rally for altcoins in the cycle. This follows the latest dip, which erased previous gains and plunged bullish momentum. Coutts points to network activity and value for the last rally, stressing a recovery in the coming months—several metrics also back an altcoin rebound despite recent headwinds.
Quality Altcoins Will Lead The Pack
In a recent livestream with Real Vision’s co-founder, Coutts highlighted the chances of an altcoin rebound this year. He said there will be one more altcoin jump with high-utility assets spearheading the recovery. This will see coins with growing network activity lead the pace as adoption grows.
These assets also have higher trading volumes due to decentralized finance gaining momentum. While there are a plethora of altcoins, Ethereum’s total value locked (TVL) dominates 55% of altcoins, while Solana, BNB, and Tron make up 6.89%, 5.69%, and 5.2%, respectively.
“I think there will be one more breadth thrust from altcoins. The question is, is it a sustained rally that we will see for six to twelve months… At this stage, I am not too sure, but I do believe that quality altcoins where activity returns, and activity drives prices …we will see a recovery in some of these more high-quality names. I’m expecting by June to see altcoins really start to pick up again.”
He explained that altcoins will benefit from a similar rally in Bitcoin in mid-2025. This year, the crypto market has struggled due to tightening macro factors. As a result, Bitcoin’s price is down over 22% from its $111k all-time high. A turnaround in the market could see several altcoins notch 50% gains. However, most traders stress caution amid volatility and uncertain markets.
Altcoin Season Determined By Volume
The year’s first quarter saw heightened optimism for an altcoin season, a phase marked by lower BTC dominance. While expectations grew, altcoins slipped alongside Bitcoin lowering sentiments. Like Coutts, several analysts have stressed that trading volumes will determine the next altcoin season as opposed to higher prices.
CryptoQuant CEO Ki Young Ju stated that the altcoin season began with select assets due to the fresh liquidity in those coins. Ultimately, specific digital assets with institutional demand and volumes will accumulate major gains, while sideways trading might continue for the rest.
Read More